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20121027
20121104
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frenzied weekend with obama and romney sparring on the such over the economy. well, supporters are working on getting out tuesday's vote. john harwood has been watching all of it. good evening, john. >> reporter: larry, as they crisscross the battleground states the presidential candidates got one last fresh piece of economic data before tuesday's election. that was the october jobs report. it was better than expected which allowed president obama to deliver a message of how far we've come. >> in 2008 we were in the middle of two wars and the worst economic crisis since the great depression. and today our businesses have created nearly 5.5 million new jobs and this morning we learned companies hired more workers in october than at any time in the last eight months. >> reporter: as you'd expect, larry, mitt romney stressed the opposite case which is unemployment today remains higher than it was when president obama took office. >> he said he was going to lower the unemployment rate. down to 5.2% right now. today we learned that it's actually 7.9%. and that's 9 million jobs short of what he
at a time when we are dealing with a clip and a fragile economy. >> one way or the other it has to be paid for. it requires a supplemental appropriation. first of all, there is enough money director fugate says for the fema part of the recovery, i think we voted $6.1 billion in the budget. there is enough in the fund right now. director fugate says. as far as the improvements that will have to be the supplemental appropriation and we'll have to have that be accounted for. but one way or the other, we'll have to have that be done. it is enormous not to improvement. it could have long-term economic consequences. we'll have to see what it is going to be. we'll have a commitment to make sure it is going to be done. >> thank you so much for joining us. >> millions are without power tonight. coming up. we'll ask the guy who runs the east coast utility companies when and how he plans to get that back on the grid. >> sandy, the path of destruction. there are a lot of warning lights and sounds vying for your attention. so we invented a warning you can feel. introducing the all-new cadillac xts. ava
. and it turned around because republican governors came into those states, got the economy improving again. think about how much better it could be if we put a republican governor, a former republican governor, in charge as our president. that's the clear difference. at the convention when i spoke, i mentioned that night at my speech that if you compare all the states in america with the ones led by republicans compared to those led by democrats, the unemployment rate in republican led students was one point lower than those led by democrats. and voters understand that.was than those led by democrats. and voters understand that. >> is the hurricane having any impact on on the presidential election some there's been lots of questions does it help the president, does it hurt the president. from the national perspective, you're outside this region, do you think it has any impact at all? >> i think it's fairly neutral. i think as americans, we expect that on monday and tuesday and since then that we've set aside partisan politics and really focused on making sure first and foremost we send our prayer
, are asking why is it that an advanced economy do we have to live for more than a week without power? and i'm looking at your industry and thinking this is one of the most heavily regulated government intervened industries in the country and those two facts are not connected? >> they're not connected, because basically you cannot stop hurricane sandy from knocking down power lines. and from bringing water into the underground tunnels in new york where we have underground equipment. or creating major snowstorms out in west virginia. we've had everything but the locu locusts in this situation and we've brought in 60,000 -- 60,000 people have left their homes from as far away from california and all around the country to come east here to sit in staging areas throughout the storm to get together, to help to try and bring power back on. they're the unsung heroes. i don't know of any other industry that does that. >> what about these substations, which apparently are going to be a big problem. when can they get cleared up so the power can flow? >> that's another thing. when substation gets flood
larry kudlow's take on how the storm could impact gdp, the strength of the nation's economy. we'll be right back. < [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning,
Search Results 0 to 4 of about 5

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